![[CA only] Patelco Credit Union 0 Referral Bonus](https://i0.wp.com/www.doctorofcredit.com/wp-content/uploads/2023/10/patelco-100-1.png?w=1920&resize=1920,1920&ssl=1 "[CA only] Patelco Credit Union 0 Referral Bonus")
Update 3/18/25: Bonus now $200 for person being referred and $100 for person referring. Valid until July 31, 2025. Might be able to open out of state via Financial Fitness Association (FFA). Not as good as the $300 targeted bonus
Update 5/19/24: Extended until September 30, 2024.
Update 4/6/24: Extended until May 17, 2024
Offer at a glance
- Maximum bonus amount: $100
- Availability:Â CA only
- Direct deposit required:Â No
- Additional requirements:
- Hard/soft pull:Â Soft without overdraft protection
- ChexSystems: Unknown, sensitive
- Credit card funding:Â None
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None
- Expiration date:Â None
The Offer
- Patelco Credit Union is offering a referral bonus of up to $100 to the person being referred. Bonus is as follows:
- Earn $100:
- Open a Free or Interest Checking account with your referral code.
- Sign up for eStatements
- Set up and receive a direct deposit of $500 or more per month (such as payroll) for 2 consecutive months (totaling $1,000 or more) within 90 days
- Earn $100:
- You can earn an additional $100 ($50 each) if you open a Money Market account or enroll in RoundUp within 90 days of joining Patelco
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The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Neither account has any monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Feel free to share your referral information in the comments below. Looks easy to meet the requirements as you just need to open the accounts.
Hat tip to reader Dr Churn
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